Forex Trend Analysis Report
Prepared for you on Monday, June 14, 2021.
British Pound/Khazanah Sukuk (FOREX:GBPLFX)
Sidelines Mode (+55) - GBPLFX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid GBPLFX?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPLFX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GBPLFX
The long-term trend has been UP since Aug 28th, 2020 at 2.60215
The intermediate-term trend has been DOWN since Jun 10th, 2021 at 2.67745
The short-term trend has been UP since Jun 9th, 2021 at 2.69165
Smart Scan Analysis for GBPLFX
Based on our trend formula, GBPLFX is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).